Fundamentals for March 30, 2017

Here’s what we at The Trader Guy for watching for March 30: 1:30 PM GMT US Final GDP quarter over quarter is released. Expected to be 2.0%, a number higher than that should be good for the US dollar as it increases anticipation of interest rate hikes. A less than expected number could have a relatively negative effect on the greenback. 1:30 PM GMT US Unemployment Claims is released. Expected to be 244,000 for the week, a number higher than that is negative for the employment outlook, and therefore could have a bit of a negative knock on effect with the US stock indices. Alternately, a number that is a lower-than-expected could be quite positive. 3:30 PM GMT US Natural Gas Storage figures are released, expected to be a drawdown of 37 billion. A number higher than that would be bullish for natural gas which had taken off to the upside during the Wednesday session. A less than expected draw would of course be negative as it would show demand falling off. Thank you for watching and see you again tomorrow.